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Gold/Mining/Energy : Royal Oak-RYO -- Ignore unavailable to you. Want to Upgrade?

To: Al Cern who wrote (752)	3/18/1998 9:47:00 AM
From: Joe King	Respond to of 1706

Royal Oak Holds Conference Call KIRKLAND, Wash.--(BUSINESS WIRE)--March 17, 1998--ROYAL OAK (TSE:RYO. - news; AMEX:RYO - news) Royal Oak Mines Inc. (TSE and AMEX: RYO - news news) in conjunction with its financial advisors will be holding a conference call at 10:30 a.m. Toronto time (7:30 a.m. Pacific time) on Wednesday, March 18, 1998, to discuss the current status of the Company. Mining analysts, investors and the media are invited to phone 416/620-1492 (reservation no. 838227) approximately five to ten minutes beforehand. A replay of the conference call can be accessed by dialing 416/626-4100 (using reservation no. 838227) until midnight Friday, March 20, 1998.

To: Al Cern who wrote (752)	3/18/1998 10:15:00 AM
From: Bill Jackson	Read Replies (1) \| Respond to of 1706

Al, Marginally economic, ie if you control the operation properly you can eke out a small profit at these prices. All waste eliminated and only goal directed tasks. When price of Gold/Cu go up it will throw off more money depending on the prices. From what I hear RYO is selecting from among several unattractive vulture funders. They should select a loan with warrants, or share purchase with warrants. It is a pure gamble on gold. Copper is returning as we speak and in 2 months should hit $1. Bill